AshakaCem Plc appoints new chairman, Nigeria
AshakaCem Plc, a subsidiary of Lafarge Africa Plc, has appointed Malam Suleiman Yahyah as its chairman. The appointment followed the expiration of the tenure of Alhaji Umaru Kwa...
Nigeria
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Lafarge increases stake in Unicem
Lafarge Africa Plc has notified the Nigerian Stock Exchange that Nigerian Cement Holdings BV (NCH), a 50 per cent affiliate of Lafarge Africa, has completed the acquisition of a...
Dangote Cement
Nigeria’s construction industry is urging Dangote Cement to put into effect the promised cement price cuts, as announced in November last year. Despite the company revealing pla...
Dangote Cement appoints new CEO
Dangote Cement Plc has appointed Onne van der Weijde as chief executive officer, effective 1 February 2015. Mr Van der Weijde, ex-Holcim India head, will take the helm from Dang...
Lafarge
Lafarge Africa is offering to buy out the 41.39 per cent minority in Ashaka Cement. Lafarge Africa is obliged to make the offer as it has become the new majority shareholder in ...
Nigeria: Benue prices increase as Gboko stops production
Operations at Dangote Cement's Gboko plant have been temporarily grounded leading to an increase in cement prices in the Nigerian state of Benue, according to local press. The D...
Dangote reverses price cut
Just over a month after initiating a dramatic price cut, Dangote Cement has raised prices again in Nigeria.
UNICEM orders Loesche mill for new Calabar line, Nigeria
United Cement Company of Nigeria (UNICEM) has ordered the largest Loesche mill to-date, an LM 70.4+4 for its new line at the Calabar cement works. The Loesche LM 70.4+4 will be ...
Nigeria: Lafarge develops 6th cement research centre
Nigeria will soon be joining France, China, Brazil, India and Algeria as host to Lafarge’s development laboratory, which is targeted at developing new solutions and business opp...
Ashaka nine-month net profit up 3% YoY
Ashaka Cement Plc nine-month results for the period ended 30 September 2014 showed revenue growth of three per cent YoY to NGN17.3bn (US$100.9m) profit after tax rose 103 per ce...